Fundamental Research Analysts Give Monument Mining (CVE:MMY) a C$0.51 Price Target

Fundamental Research set a C$0.51 price objective on Monument Mining (CVE:MMY) in a research note released on Tuesday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Monument Mining Price Performance

Shares of CVE MMY opened at C$0.15 on Tuesday. The firm has a market cap of C$47.55 million, a P/E ratio of -7.25 and a beta of 1.10. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.36 and a current ratio of 2.22. Monument Mining has a 1 year low of C$0.10 and a 1 year high of C$0.20. The firm’s 50 day moving average price is C$0.15 and its 200 day moving average price is C$0.15.

About Monument Mining

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia.